730729 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Pipe fittings of stainless steel except butt welding. In 2022, Pipe fittings of stainless steel except butt welding were the world's 1043rd most traded product, with a total trade of $3.47B. Between 2021 and 2022 the exports of Pipe fittings of stainless steel except butt welding grew by 10.1%, from $3.15B to $3.47B. Trade in Pipe fittings of stainless steel except butt welding represent 0.015% of total world trade.

Pipe fittings of stainless steel except butt welding are a part of Iron Pipe Fittings.

Exports In 2022 the top exporters of Pipe fittings of stainless steel except butt welding  were China ($625M), United States ($409M), Germany ($404M), Chinese Taipei ($209M), and South Korea ($193M).

Imports In 2022 the top importers of Pipe fittings of stainless steel except butt welding were United States ($460M), Germany ($382M), China ($257M), Japan ($140M), and Canada ($118M).

Ranking Pipe fittings of stainless steel except butt welding ranks 247th in the Product Complexity Index (PCI).

Description Common uses of pipe fittings of stainless steel are for joining lengths of pipe, for connecting different types of pipe, for providing a means of joining two lengths of pipe together and for providing a means of joining two sections of pipe together. Pipe fittings are connected by threading one pipe end into the other pipe end. Pipe fittings are also available for joining two sections of pipe together in various configurations.

Latest Data

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The following visualization shows the latest trends on Pipe fittings of stainless steel except butt welding. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$625M
Top Destination (2022)United States$460M

In 2022 Pipe fittings of stainless steel except butt welding were the world's 1043rd most traded product (out of 4,648).

In 2022, the top exporters of Pipe fittings of stainless steel except butt welding were China ($625M), United States ($409M), Germany ($404M), Chinese Taipei ($209M), and South Korea ($193M).

In 2022, the top importers of Pipe fittings of stainless steel except butt welding were United States ($460M), Germany ($382M), China ($257M), Japan ($140M), and Canada ($118M).

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Exporters of Pipe fittings of stainless steel except butt welding (2022)
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Importers of Pipe fittings of stainless steel except butt welding (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$68.2M
Top Destination Growth (2021 -  2022)United States$99.7M

Between 2021 and 2022, the exports of Pipe fittings of stainless steel except butt welding grew the fastest in United States ($68.2M), Chinese Taipei ($59.2M), China ($56.6M), South Korea ($34.5M), and Vietnam ($23.6M).

Between 2021 and 2022, the fastest growing importers of Pipe fittings of stainless steel except butt welding were United States ($99.7M), China ($23.6M), Germany ($23.6M), Canada ($22.2M), and Japan ($20M).

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Exporters of Pipe fittings of stainless steel except butt welding (2021 - 2022)

Importers of Pipe fittings of stainless steel except butt welding (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe fittings of stainless steel except butt welding.

In 2022, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Pipe fittings of stainless steel except butt welding are explained by 22 countries.

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Value of Exports in Pipe fittings of stainless steel except butt welding

Net Trade

TOP NET EXPORTER (2022)China$368M
TOP NET IMPORTER (2022)Canada$83.9M

This map shows which countries export or import more of Pipe fittings of stainless steel except butt welding. Each country is colored based on the difference in exports and imports of Pipe fittings of stainless steel except butt welding during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pipe fittings of stainless steel except butt welding were China ($368M), Chinese Taipei ($111M), South Korea ($106M), Israel ($54.1M), and Vietnam ($43.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Pipe fittings of stainless steel except butt welding were Canada ($83.9M), Singapore ($52.6M), United States ($51.1M), Mexico ($48.9M), and France ($47M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Pipe fittings of stainless steel except butt welding.
It is possible to select the main countries that export or import Pipe fittings of stainless steel except butt welding in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe fittings of stainless steel except butt welding by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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